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Rumored $3.2 billion Beats deal would be Apple’s largest ever acquisition

Apple Beats Acquisition

Beats Electronics, the famed headphone maker and audio specialist that was at one point in time partially owned by HTC, may soon be acquired by Apple. The news comes from The Financial Times, which reports that the deal could be Apple’s largest ever acquisition at $3.2 billion. Senior management at Beats will reportedly be retained and will report directly to Apple CEO Tim Cook. Also part of the acquisition in addition to the company’s consumer electronics line will be Beats’ streaming music on demand service, of course. Unnamed sources told FT that the deal could be announced as soon as next week.

Zach Epstein

Zach Epstein has worked in and around ICT for more than 15 years, first in marketing and business development with two private telcos, then as a writer and editor covering business news, consumer electronics and telecommunications. Zach’s work has been quoted by countless top news publications in the US and around the world. He was also recently named one of the world's top-10 “power mobile influencers” by Forbes, as well as one of Inc. Magazine's top-30 Internet of Things experts.

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